How is a New Orleans developer building apartments in Covington while other projects stall?

I was just up in this area yesterday dropping off renters insurance brochures at apartment complexes and missed these two new places. I am used to seeing apartments being converted to condominiums. This is the first time I have seen hotels being switched to apartments. St. Tammany is projected to need 17,000 new units (homes/apartments) in the coming years. These efforts put a small dent in the gulf. One more thing, it's easier to get these kind of projects on existing buildings approved as opposed to new ground developments:

https://www.nola.com/news/business/the-linden-apartments-zach-kupperman-hotel/article_2964c571-79b2-4b7a-831f-97fe75ecee87.html

Next
Next

Despite moratorium, carbon sequestration moves forward in SWLA